Avid Bioservices Inc (CDMO)

[Protector]

skweze, about

Cheap is a relative term, but with the BOD controlled by investment bankers, it certainly possible, and perhaps even predictable, that their cash out number is lower than the expectation of many longs.

1) PPHM has no loans
2) PPHM has no creditors
3) PPHM owns it's pipeline 100% unencumbered
4) PPHM controls the PS-Targeting IP 100% unencumbered
5) PPHM has no going concern
6) PPHM has 60+ Milj$ on the Bank
7) PPHM has revenue from Avid (about 50% gross on 20+Milj$ yearly)
8) PPHM has a special offering PPHMP running @25$, 10.5% interest yearly were it can collect many millions if needed apparently even if it quotes below 25$ on the open market.
9) PPHM has the ATM which makes them in an emergency (eg 2012) independent from even traditional bankers.

Selling their PPHM shares at HIGH PRICES is the most lucrative and from a FISCAL point of view the most INTERESTING thing to do. Their is no way you can compensate them for that otherwise (such as by salaries, bonus plans, positions, etc). And we have the SAME shares.

And if you are referring to ES with "investment bankers" then remember he saved the company we it needed it the most. So even if you would just get 1$ for your PPHM shares, instead of 0$ if he wouldn't have save the company, it is thanks to ES, the investment banker :)